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E-Malt.com Flash 37b September 13 - September 16, 2018
Quote of the Week
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Currency Rates
Base Currency: Euro on September 14, 2018 |
Base Currency: US Dollar on September 14, 2018 |
|
1 EUR = 1.1654 USD
1 EUR = 0.8914 GBP
1 EUR = 1.5153 CAD
1 EUR = 1.6206 AUD
1 EUR = 130.1100 JPY
1 EUR = 4.8603 BRL
1 EUR = 79.7699 RUB
1 EUR = 7.9752 CNY
|
|
1 USD = 0.8579 EUR
1 USD = 0.7648 GBP
1 USD = 1.3002 CAD
1 USD = 1.3905 AUD
1 USD = 111.6300 JPY
1 USD = 4.1703 BRL
1 USD = 68.6370 RUB
1 USD = 6.8430 CNY
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Currency Rates Chart

Equities of the Largest Breweries
Average Market Prices Change Trend
September 14, 2018 |
French Barley/Malt Crop 2018 Bulk |
EUR/T |
% |
2RS Malting Barley (FOB Creil) |
226.50-228.50 | 0.44% |
6RW Malting Barley (FOB Creil) |
211.00-213.00 | 0.47% |
2RS Malt (FOB Antwerp) |
432.00-434.00 | 0.28% |
6RW Malt (FOB Antwerp) |
413.50-415.50 | 0.30% |
Feed Barley (FOB Creil) |
195.00-197.00 | 0.51% |
German Malting Barley Crop 2018 Bulk Ex Farm |
EUR/T |
% |
Average Malting Barley Price |
216.50-218.50 | 0.35% |
Danish Malting Barley Crop 2018 Free on truck Ex Farm |
DKK/T |
% |
Malting Barley (East) |
1,654.00-1,656.00 |  |
Malting Barley (West) |
1,654.00-1,656.00 |  |
Danish Malting Barley Crop 2019 Free on truck Ex Farm |
DKK/T |
% |
Malting Barley (East) |
1,414.00-1,416.00 |  |
Malting Barley (West) |
1,414.00-1,416.00 |  |
Canadian Barley Crop 2018 |
CAD/T |
% |
2-Row Malting Barley, bulk, track in Winnipeg rail |
364.00-366.00 |
 |
2-Row Malting Barley, bulk, track in Vancouver rail |
339.00-341.00 |
 |
6-Row Malting Barley, bulk, track/railcar, Winnipeg |
nq |
|
Feed Barley, basis Lethbridge |
254.00-256.00 |
 |
Feed Barley, basis Winnipeg |
254.00-256.00 |
 |
Feed Barley, bulk in store, Vancouver |
nq |
|
US Barley Crop 2017 |
USD/T |
% |
2-Row Malting Barley, bulk, railcar Great Falls, Montana |
176.00-178.00 |
 |
6-Row Malting Barley, bulk, railcar Minneapolis, Minnesota |
nq |
|
Feed Barley, basis Great Falls, Montana |
131.00-133.00 |
 |
Feed Barley, basis Minneapolis, Minnesota |
129.00-131.00 |
 |
No change;
Price increase;
Price decrease versus last publication.
|
Click here to see our Market Prices History.
Japan: Asahi Group expects to increase profit outside of Japan by 10% a year as from next year
...Click here
|
Vietnam: Government urges Carlsberg to raise its 17% stake in Habeco
...Click here
|
France: France forecast to boost barley and wheat exports this season
...Click here
|
Canada: Rains arrive at worst possible time for Canada’s malting barley harvest
...Click here
|
The Philippines: San Miguel confident of investors’ interest in $2.7 bln stake in its food and beverage unit
...Click here
|
Ghana: Guinness Ghana invests $10 mln in new PET line to meet increased demand
...Click here
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Graph of the week
Source: Deutscher Maelzerbund e. V.
Table of the week
Brewing Industry in Belgium 1900-2017
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
13 September
1898 - Hannibal Goodwin patents celluloid photographic film
1905 - 1st airplane flight in Europe
1956 - The IBM 305 RAMAC is introduced, the first commercial computer to use disk storage
1970 - IBM announces System 370 computer
14 September
1886 - George K Anderson of Memphis, Tennessee patents typewriter ribbon
1899 - Henry Bliss becomes 1st automobile fatality (NY)
1960 - Organization of Petroleum Exporting Countries (OPEC) forms
2000 - Microsoft releases Windows ME
15 September
1857 - Timothy Alder patents typesetting machine
1928 - Alexander Fleming discovers penicillin
1952 - European Parliament forms in Strasbourg
1959 - The first successful photocopier, the Xerox 914, is introduced
16 September
1905 - Roald Amundsen discovers Magnetic South Pole
1906 - William Crapo Durant incorporates General Motors in Janesville Wisconsin
1908 - The General Motors Corporation is founded
Agenda
September 2018:
04-06: food & drink technology Africa (fdt Africa) (Johannesburg, South Africa)
12-14: 6th International Symposium for Young Scientists and Technologists in Malting, Brewing and Distilling (Bittburg/Trier, Germany)
20-22: The Great American Beer Festival 2018 (Denver, USA)
22-07 October: Oktoberfest 2018 (Munich, Germany)
24-26: 9th Iberoamerican VLB Symposium 2018 (Recife, Brazil)
October 2018:
23-26: China Brew China Beverage 2018 (Shanghai, China)
24-26: drink technology India 2018 (Mumbai, India)
November 2018:
13-15: Brau Beviale 2018 (Nuremberg, Germany)
More events are available on site e-malt.com
Brewery News
|
Japan: Asahi Group expects to increase profit outside of Japan by 10% a year as from next year
|
Asahi Group Holdings expects to increase profit outside Japan by about 10% a year beginning in 2019 on the strength of popular European brands
...More info on site
|
Vietnam: Government urges Carlsberg to raise its 17% stake in Habeco
|
Vietnam’s prime minister has urged Danish brewer Carlsberg to raise its 17 percent in beer maker Habeco, the government said on September 13 as
...More info on site
|
The Philippines: San Miguel confident of investors’ interest in $2.7 bln stake in its food and beverage unit
|
San Miguel Corp. (SMC) said it was confident of attracting investors to buy up to a $2.7-billion stake in its food and beverage unit, the Philippines’ biggest secondary share offering.
The sale of up to 1.02 billion shares in San Miguel Food and Beverage, Inc. is part of the parent firm’s asset restructuring plan announced last year.
The feedback from investor roadshows in Asia, Europe and the United States has been positive, San Miguel Corp President Ramon Ang said after the subsidiary’s shareholder meeting in Manila.
“Investors want a stable company with stable cash flow, with big market shares in the food and beverage category,” Ang told reporters.
“We are confident we can place out the shares” despite recent volatility in the Philippines’ equities market, he added.
Philippine shares fell for a sixth straight session on Wednesday as investors worried over US-China trade tensions.
Manila’s main index is down more than 12 percent this year, the worst-performing bourse in Southeast Asia.
San Miguel Food and Beverage has set a date of Oct. 23-29 for the share sale, pending regulatory approval. Final pricing is set for Oct. 19.
San Miguel intends to use fresh capital from the share sale for infrastructure projects, including a proposed $15-billion airport complex north
...More info on site
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Ghana: Guinness Ghana invests $10 mln in new PET line to meet increased demand
|
Guinness Ghana Breweries Ltd. (GGBL) says it has invested an amount of $10 million to meet increased consumer demands, Myjoyonline.com reported on September 12.
According to the company, the investment has gone into the acquisition of a new PET line - a 60,000 bottles per hour equipment.
Speaking to JoyBusiness at the commissioning of the PET line at its premises in Achimota on September 12, the Supply Chain Director of GGBL, Isaac Tosu said, the equipment is “to produce Malta Guinness, Alvaro and Origin Zero in a plastic format.” The Supply Chain Director of GGBL, Isaac Tosu, has said speaking to JoyBusiness at the commissioning of the project at the company’s premises in Achimota.
Mr Tosu said the project also seeks to create jobs for the youth.
With regards to increasing its market share, the company says one of its products, the Malta Guinness, is a flagship brand for them and because of its quality credentials and the customer loyalty with the brand, the company is not able to meet demand.
Mr Tosu is hopeful that the emergence of the new PET line will cement the company’s position as market leaders in the non-alcoholic beer category.
He said the company seeks to sell whatever
...More info on site
|
Barley News
|
France: France forecast to boost barley and wheat exports this season
|
France, the European Union's biggest grain producer, could boost exports of wheat and barley this season after its harvest was less affected by severe
...More info on site
|
Canada: Rains arrive at worst possible time for Canada’s malting barley harvest
|
After a summer of dry conditions and intense heat, which took its toll on barley yields, September arrived and unfortunately so did the rain. The long awaited moisture that would have benefitted the crops in early August has arrived at the worst possible time for the Prairie harvest. This wet weather has bogged down harvest and the forecast for the next two weeks is for continued rain, which will affect the unharvested barley. The concern is that the standing barley will be subject to chitting and sprouting, and regrettably a large percentage of the unharvested barley will probably become feed grade, CMBTC reported on September 13.
It is hard to determine at this time the exact amount of barley that has been harvested. Based on provincial crop reports and discussions with producers it is likely that about 50% of the Prairie barley has been harvested and that the quality of this barley is above average with the exception of southern Alberta. Harvesting the remaining 50% will likely be a dreadfully slow process and the maltsters and commercial companies will have to wait for it to be completed before they can evaluate samples submitted to see how much of the crop
...More info on site
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Australia: Barley exports down 54% in July
|
Australia’s exports of malting and feed barley in July totalled 255,048 tonnes, down 54 per cent from 553,742 tonnes in June, according to the latest data from the Australian Bureau of Statistics (ABS).
Trade sources expect August barley exports will be down even further, as shipments from Western and South Australian ports continue to make their way to Brisbane and Newcastle.
These ports are jointly unloading an estimated 200,000 tonnes per month of wheat and barley in total from southern ports to supply drought-hit end-users in southern Queensland and northern New South Wales.
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